Reports: Chancellor ditches plan to cut VAT on energy bills

James Murray
clock • 3 min read
The Houses of Parliament - Credit: iStock
Image:

The Houses of Parliament - Credit: iStock

FT reports the Treasury will instead move to reform levies on energy bills, fuelling fears energy efficiency funding could be cut

Today's Budget will reportedly not include heavily trailed plans to cut VAT on energy bills, after Chancellor Rachel Reeves opted to instead focus on curbing energy costs by reforming levies on domestic...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Global Briefing: EU backs climate goals, unveils green grid plans

'A recipe for factory closures': EU slammed over rumoured move to delay phase out of petrol cars

More on Taxation

Government warned ECO cuts could put 60,000 jobs at risk
Taxation

Government warned ECO cuts could put 60,000 jobs at risk

Axing green levies and scrapping the ECO energy efficiency scheme could impact tens of thousands of jobs across the UK, industry body warns

Stuart Stone
Stuart Stone
clock 12 December 2025 • 5 min read
Autumn Budget 2025: At a glance guide for the green economy
Taxation

Autumn Budget 2025: At a glance guide for the green economy

BusinessGreen's all-you-need-to-know guide to the green announcements in today's Autumn Budget

Michael Holder
Michael Holder
clock 26 November 2025 • 13 min read
The government should take its own advice to build strong foundations for UK buildings
Taxation

The government should take its own advice to build strong foundations for UK buildings

The Warm Homes Plan budget must be protected - its heat pump grants deliver £1.27–£1.90 in societal benefits for every £1 spent, writes Andy Hackett from the Centre for Net Zero

Andy Hackett, Centre for Net Zero
clock 25 November 2025 • 4 min read